World Perspectives
feed-grains soy-oilseeds wheat

Black Sea Regional Analysis

Russian Grain Markets: 13–17 May 2024 Crop Outlook As of mid-May, Russia farmers planted 24.8 Mha of spring crops which is 44.5 percent of the forecast. This is 4.6 Mha ahead of last year’s planting pace. Grains and pulses were planted over 12.98 Mha which is 43.2 percent of the forecast and 3.9 Mha behind last year’s indicator at this time. Wheat planting is 2.2 Mha behind showing 12.98 Mha which is 43.2 percent of the forecast. Corn planting is going quite well, exceeding last year’s indicators currently at 1.8 Mha which is 66 percent of the forecast. Rice planting is at 149,900 ha which is almost 80 percent of the forecast. Buckwheat planting just started showing 17,300 ha which is 1.5 percent of the forecast. B...

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feed-grains soy-oilseeds wheat

European Market Analysis

Key Takeaways: Wheat markets are supported by U.S. weather risk, though EU fundamentals remain bearish on strong supply, weak demand, and currency pressure. Upside is limited, with global strength unlikely to drive sustained EU gains. Maize markets are firming on Brazil weather risk and tighte...

FOB Prices and Freight Rates App (Updated 22 April)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5375/bushel, up $0.0175 from yesterday's close.  Jul 26 Wheat closed at $6.1275/bushel, up $0.0675 from yesterday's close.  May 26 Soybeans closed at $11.745/bushel, up $0.0875 from yesterday's close.  Jul 26 Soymeal closed at $321.2/short ton, up $0 from...

feed-grains soy-oilseeds wheat

European Market Analysis

Key Takeaways: Wheat markets are supported by U.S. weather risk, though EU fundamentals remain bearish on strong supply, weak demand, and currency pressure. Upside is limited, with global strength unlikely to drive sustained EU gains. Maize markets are firming on Brazil weather risk and tighte...

FOB Prices and Freight Rates App (Updated 22 April)

WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...

feed-grains soy-oilseeds wheat

Summary of Futures

May 26 Corn closed at $4.5375/bushel, up $0.0175 from yesterday's close.  Jul 26 Wheat closed at $6.1275/bushel, up $0.0675 from yesterday's close.  May 26 Soybeans closed at $11.745/bushel, up $0.0875 from yesterday's close.  Jul 26 Soymeal closed at $321.2/short ton, up $0 from...

feed-grains soy-oilseeds wheat

Market Commentary: Grains Rally on Weather, Biofuel Demand Prospects

For much of the period since the U.S.–Iran war started, commodity markets have been buoyed by macroeconomic “risk on” buying fueled by the geopolitical risk and crude oil’s rally. Recently, the impact of this risk and crude oil on the ag markets has faded, leaving crop f...

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From WPI Consulting

Weighing in on strategic realignment

WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.

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